503 W 7th StWalsenburgCO81089
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Walsenburg at 503 W 7th St, Walsenburg, CO, 81089 offers a 4.2% rental yield on a $399,000 purchase with $1,398/mo rent. 5% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 57.26% and total cumulative return in cash at $75,734. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,398/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1888
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81089, Walsenburg, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,751 (100%) |
| Owner Occupied HU | 1,511 (54.9%) |
| Renter Occupied HU | 716 (26.0%) |
| Vacant Housing Units | 524 (19.0%) |
| Median Home Value | $297,263 |
| Average Home Value | $373,240 |
Housing Distribution
Address Breakdown
Residential
2,078
Single Family
2,078
Multi-Family
0
Businesses
253
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Listed by: Lori E. Cordova • Bachman & Associates
Mls Name: Spanish Peaks BOR
Mls ID: #25-1055